richard kelly is joining us. welcome. >> good morning. >> let's start quickly with the impact of the storm bigger than anyone first thought. what impact will have from a macro point of view? >> the estimates always get revised up about so it still may be slightly meer. but even $30 billion to $50 billion puts you at gdp. and then that does not include the fact that there is some sort of rebuilding that you for being tore in. >> is it fair to say the bigger the drop, the bigger the bounce back or is that not always true? >> it's not always true. it depends how much of a long term impact there have been. we can go back to katrina which was the largest destruction where the actual costs were around $150 billion. >> you can go to our website to find out why new york is looking a lot leak amsterdam fp has something to do with bicycles. and you can tune in tonight at 8:00 p.m. for hurricane sandy coming together, a benefit concert to aid victims of the storm. hosted by matt lauer. the concert will feature performances